Invensys (ISYS)

Company name:	Invensys
Company Description:	A group engaged in the design and manufacture of computer based hardware for the automation and regulation of operations
EPIC:	ISYS (delisted)	Trading Currency:	GBX
Market Sector:	ON10	ISIN:	GB00B979H674
Market Segment:	SET3	Share Type:	DE
WWW Address:	http://www.invensys.com/	Description:	ORD 12.5P
Industry Sector:	SOFTWARE & COMPUTER SERVICES

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
509.50	0.0 [0.00]	-	-	-	-	-	-
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
3,339.61	655.47	-	15.40	4.60	33.08	-	-

Invensys Key Figures

(at previous day's close)
Market Cap.	3,339.61	m
Shares In Issue	655.47	m
Prev. Close	509.50
PE Ratio	33.08
Dividend Yield	-	%
EPS - basic	15.40	p
Dividend PS	4.60	p
Dividend Cover	3.35
Cash Flow PS	27.31	p
Return On Equity (ROE)	21.37	%
Operating Margin	0.84	%
PEG Factor	1.63
EPS Growth Rate	20.31	%
Dividends PS Growth Rate	4.55	%
Net Debt	1,371.00	m
Gross Gearing	72.78	%
Quick Assets	1,542.00	m
Net Working Capital	1,000.00	m
Intangibles / Fixed Assets	65.79	%
Turnover PS	273.39	p
Pre-Tax Profit PS	2.29	p
Retained Profit PS	13.43	p
Cash PS	37.68	p
Net Cash PS	-61.94	p
Net Tangible Asset Value PS *	32.04	p
Net Asset Value PS	92.30	p
Spread	- (-%)
* Calculation based on Ordinary Capital figure as contained in last annual report, and the most recent shares in issue figure. Therefore the ratio might be exposed to inaccuracies.

Invensys Balance Sheet

Share Price Performance

Sorry No Data Available

Share Price Chart (5 years)

Invensys Historic Returns

Sorry No Data Available

Invensys Key Management Ratios

Invensys Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	31.54
PE Ratio	33.08
Tobin's Q Ratio	1.58
Tobin's Q Ratio (excl. intangibles)	1.97
Dividend Yield	-	%
Market-to-Book Ratio	5.71
Price-to-Pre-Tax Profit PS	222.64
Price-to-Retained Profit PS	37.95
Price-to-Cash Flow PS	18.66
Price-to-Sales PS	1.86
Price-to-Net Tangible Asset Value PS	14.52
Price-to-Cash PS	13.52
Net Working Capital PS	152.56
Price Pct to Working Capital PS	3.34	%
Earnings Yield	3.02	%
Average PE	16.64
Years in average	5
PE to PE average	198.82	%

Invensys Financial Ratios

(Leverage Ratios)
Debt Ratio	61.46	%
Debt-to-Equity Ratio	1.60
Debt-to-Equity Ratio (excl. Intgbl)	4.20
Debt-to-Equity Market Value	0.29
Net Gearing	61.67	%
Net Gearing (excl. Intangibles)	74.19	%
Gross Gearing	72.78	%
Gross Gearing (excl. Intangibles)	87.55	%
Gearing Under 1 Year	29.37	%
Gearing Under 1 Year (excl. Intgbl)	35.34	%
Assets/Equity	3.67
Cash/Equity	40.83
(Liquidity Ratios)
Net Working Capital to Total Assets	44.98	%
Current Ratio	2.53
Quick Ratio (Acid Test)	2.36
Liquidity Ratio	0.38
Cash & Equiv/Current Assets	14.94	%
(Solvency Ratios)
Enterprise Value	4,077.61	m
CFO/Sales	0.10
CFO/Attributable Profit	1.43
CFO/Assets	0.08
CFO/Debt	0.11
Total Debt/Equity Market Value	0.48
Total Debt/Sales	0.90
Total Debt/Pre-Tax Profit	107.87
Total Debt	1,618.00	m
Total Debt/Net Current Assets	1.62	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	-	%
5 yr Compound Earnings Growth	-	%
10 yr Compound Earnings Growth	-	%
Earn drops > 5% in 10yrs	5

Beta (60-Mnth)	Beta (36-Mnth)
Sorry No Data Available	Sorry No Data Available

Invensys Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	0.96	%
Return On Assets (ROA)	5.93	%
Net Profit Margin	6.98	%
Assets Turnover	0.85
Return On Equity (ROE)	21.37	%
Return On Investment (ROI)	9.23	%
Dividend Payout Ratio	29.87	%
Plowback Ratio	70.13	%
Growth from Plowback Ratio	15.37	%
Net Income Of Revenues	4.91	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	3.14
Fixed Assets Turnover	2.85
Current Assets Turnover	1.21
Net Working Capital Turnover
Inventory Turnover	14.00
(Other Operating Ratios)
Total Assets-to-Sales	1.18
Debtors-to-Sales	44.25	%
Debt Collection Period	161.52	Days

Invensys Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
16 May 2013	Final	GBX	2.85	31/03/2012	31/03/2013	19/06/2013	21/06/2013	02/08/2013	4.60
15 Nov 2012	Interim	GBX	1.75	31/03/2012	31/03/2013	21/11/2012	23/11/2012	21/12/2012	-
17 May 2012	Final	GBX	2.75	31/03/2011	31/03/2012	20/06/2012	22/06/2012	03/08/2012	4.40
03 Nov 2011	Interim	GBX	1.65	31/03/2011	31/03/2012	09/11/2011	11/11/2011	09/12/2011	-
19 May 2011	Final	GBX	2.50	31/03/2010	31/03/2011	22/06/2011	24/06/2011	05/08/2011	4.00
04 Nov 2010	Interim	GBX	1.50	31/03/2010	31/03/2011	10/11/2010	12/11/2010	10/12/2010	-
15 Jun 2010	Final	GBX	2.00	31/03/2009	31/03/2010	23/06/2010	25/06/2010	28/07/2010	3.00
14 Nov 2009	Interim	GBX	1.00	30/03/2009	30/09/2009	11/11/2009	13/11/2009	11/12/2009	-
08 Jun 2009	Final	GBX	1.50	31/03/2008	31/03/2009	24/06/2009	26/06/2009	17/07/2009	1.50
14 May 2009	Final	GBX	-	31/03/2008	31/03/2009	-	-	-	-
29 May 2003	Final	GBX	-	31/03/2002	31/03/2003	-	-	-	10.00
14 Nov 2002	Interim	GBX	1.00	30/03/2002	30/09/2002	04/12/2002	06/12/2002	04/03/2003	-
30 May 2002	Final	GBX	1.00	31/03/2001	31/03/2002	17/07/2002	19/07/2002	11/09/2002	20.00
15 Nov 2001	Interim	GBX	1.00	30/03/2001	30/09/2001	05/12/2001	07/12/2001	05/03/2002	-
31 May 2001	Final	GBX	5.20	31/03/2000	31/03/2001	18/07/2001	20/07/2001	12/09/2001	77.00
22 Nov 2000	Interim	GBX	2.50	30/03/2000	30/09/2000	04/12/2000	08/12/2000	06/03/2001	-
31 May 2000	Final	GBX	5.20	31/03/1999	31/03/2000	17/07/2000	21/07/2000	12/09/2000	77.00
24 Nov 1999	Interim	GBX	2.50	30/03/1999	30/09/1999	06/12/1999	10/12/1999	07/03/2000	-
02 Jun 1999	Final	GBX	4.69	31/03/1998	31/03/1999	09/08/1999	13/08/1999	04/10/1999	61.80

Invensys Fundamentals

	31 Mar 2010 (GBP)		31 Mar 2011 (GBP)		31 Mar 2012 (GBP)		31 Mar 2013 (GBP)
turnover	2,243.00	100.00%	2,486.00	100.00%	2,539.00	100.00%	1,792.00	100.00%	m
pre tax profit	179.00	7.98%	222.00	8.93%	140.00	5.51%	15.00	0.84%	m
attributable profit	147.00	6.55%	174.00	7.00%	104.00	4.10%	125.00	6.98%	m
retained profit	128.00	5.71%	146.00	5.87%	71.00	2.80%	88.00	4.91%	m
eps - basic (p)	18.30		21.50		12.80		15.40
eps - diluted (p)	18.10		21.30		12.80		15.30
dividends per share	3.00		4.00		4.40		4.60

Invensys Balance Sheet

	31 Mar 2010 (GBP)		31 Mar 2011 (GBP)		31 Mar 2012 (GBP)		31 Mar 2013 (GBP)


	31 Mar 2010 (GBP)		31 Mar 2011 (GBP)		31 Mar 2012 (GBP)		31 Mar 2013 (GBP)
ASSETS
fixed assets	274.00	13.77%	237.00	11.62%	227.00	11.38%	194.00	8.73%	m
intangibles	434.00	21.81%	451.00	22.11%	457.00	22.91%	375.00	16.87%	m
fixed investments	54.00	2.71%	48.00	2.35%	3.00	0.15%	1.00	0.04%	m
current assets - other	6.00	0.30%	11.00	0.54%	10.00	0.50%	599.00	26.95%	m
stocks	157.00	7.89%	155.00	7.60%	145.00	7.27%	111.00	4.99%	m
debtors	698.00	35.08%	789.00	38.68%	890.00	44.61%	696.00	31.31%	m
cash & securities	367.00	18.44%	349.00	17.11%	263.00	13.18%	247.00	11.11%	m

TOTAL	1,990.00	100%	2,040.00	100%	1,995.00	100%	2,223.00	100%	m

LIABILITIES
creditors - short	793.00	39.85%	866.00	42.45%	856.00	42.91%	653.00	29.37%	m
creditors - long	777.00	39.05%	625.00	30.64%	563.00	28.22%	577.00	25.96%	m
creditors - other	-	-%	-	-%	-	-%	388.00	17.45%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	1,570.00	78.89%	1,491.00	73.09%	1,419.00	71.13%	1,618.00	72.78%	m

EQUITY
ord cap, reserves	340.00	17.09%	514.00	25.20%	556.00	27.87%	585.00	26.32%	m
prefs, minorities	80.00	4.02%	35.00	1.72%	20.00	1.00%	20.00	0.90%	m

TOTAL	420.00	21.11%	549.00	26.91%	576.00	28.87%	605.00	27.22%	m

OTHER
NAV Basic	-		-		-		-
NAV Diluted	-		-		-		-

Invensys Cash Flow Statement

	31 Mar 2010 (GBP)	31 Mar 2011 (GBP)	31 Mar 2012 (GBP)	31 Mar 2013 (GBP)
Operating CF	166.00	171.00	27.00	179.00	m
Pre-Financing CF	92.00	22.00	-45.00	47.00	m
Retained CF	63.00	-13.00	-79.00	8.00	m

Invensys Brokers

Name	Activity	Type	Mnemonic	Code
Evolution Securities Limited	Market Maker(MME)	Broker/Dealer	EVO	EVBGGB21MMT
Morgan Stanley Securities Ltd	Market Maker(MME)	Broker/Dealer	MOST	MSSEGB21
Citigrp Global Mkt UK Equities	Market Maker(MME)	Broker/Dealer	CITI	SBUKGB21
Winterflood Securities Ltd	Market Maker(MME)	Broker/Dealer	WINS	WNTSGB2LBIC